Some of the six Irish lenders under investigation by the Central Bank in relation to the State’s €1 billion tracker mortgage scandal can expect to receive multi-million euro fines next year. It involves interviews with key people,” Prof Lane said. “We double check and triple check, and through that we are discovering small groups of customers,” Prof Lane said. Economic threatsCommenting on potential economic threats to Ireland, Prof Lane said Brexit was negative under every scenario. “There was a surge [in applications] after the summer, but it’s probably stabilising now,” said Prof Lane.

Source: The Irish Times November 30, 2018 01:07 UTC